Through his social network, the X, Elon Musk shared a video of Vivek Ramaswamy this Thursday (17), praising the US presidential candidate. In addition to being the youngest US presidential candidate in Republican Party history, Ramaswamy is also quickly becoming a strong supporter of Bitcoin.
In September 2022, the candidate acknowledged that he still had a lot to learn about Bitcoin, but that it seems to be evolving.
“I’m still educating myself about Bitcoin, but I sympathize with its importance”commented on the date, adding that he was concerned about companies in the industry listed on exchanges. “Their large ‘shareholders’ could force them to adopt the same toxic policies they force on US energy companies.”
Soon after, in May 2023, Ramaswamy attended the Bitcoin conference in Miami. He has since started accepting BTC donations for his campaign, as well as talking about the cryptocurrency in his speeches while attacking the US Federal Reserve.
“If people want to donate Bitcoin, they should be able to”noted Ramaswamy in May. “One of my goals is to get the Federal Reserve back in place. The Fed needs to focus on establishing the dollar as a unit of account.”
“Speaking as a potential US leader, I am not afraid of other currencies like Bitcoin out there. Competition breeds strength. That means we have to have confidence in our dollar.”
Competition breeds innovation. Our campaign accepts #Bitcoin donations.
~3500 sats is all it takes.https://t.co/ME7nDvu2bJ pic.twitter.com/RsTlsJJhuL— Vivek Ramaswamy (@VivekGRAmaswamy) May 27, 2023
US Experiences ‘Bitcoin Election’
Vivek Ramaswamy is not the only US presidential candidate to support Bitcoin, on the contrary. The list includes several other names, including Robert F. Kennedy Jr., Ron DeSantis, and Francis Suarez.
In the middle of the street is Donald Trump. While the former US president has already criticized the cryptocurrency market, he released a collection of NFTs in 2022 and revealed to be a major investor in Ethereum last week, possibly linked to the sale of his JPEGs.
In any case, everything indicates that we will have debates around Bitcoin. Robert F Kennedy Jr. for example, wants to use BTC to support the dollar. John F. Kennedy’s cousin, the presidential candidate, is joined by Twitter founder Jack Dorsey.
Ron DeSantis and Francis Suarez are already well-known figures in the community. While the Florida governor is concerned that Joe Biden could kill cryptocurrencies, the Miami mayor continues to receive his salary in Bitcoin, as well as donations.
Elon Musk is betting on another Pro-Bitcoin candidate
While the above list includes big names championing Bitcoin, Elon Musk was eager to welcome another candidate. At 38, Vivek Ramaswamy is the youngest presidential candidate in Republican Party history, but he’s already paid lip service to grab voters’ attention.
“He is a promising candidate”said Elon Musk when sharing a 45 minute video of Ramaswamy.
He is a promising candidate https://t.co/bEQU8L21nd
— Elon Musk (@elonmusk) August 17, 2023
When buying Twitter, one of Musk’s plans was to turn the social network into a great forum for debate. The billionaire seems to be succeeding, the above video has already been viewed 39 million times.
Before that, in May, the platform was also used by Ron DeSantis to announce his participation in the US presidential race. On the date, Twitter had several technical issues due to the large number of people trying to follow the conversation between DeSantis and Musk.
Ultimately, it is very possible that such candidates will fight each other to get votes from Bitcoin investors in the 2024 election. Meanwhile, in the other hemisphere, Javier Milei, another Bitcin supporter, is poised to nominate Argentina’s next president. become.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
